A Country Goes Digital: Cambodia
Asia · Season 12 · Episode 25
In October 2020, the National Bank of Cambodia became the first central bank in Asia to launch a digital currency. With the US dollar representing 90% of the cash circulating in the country, the bank decided to promote use of domestic currency through technology. Three years on, digital payments are a common sight in urban areas – a huge change for the once cash-focused economy. Now, the bank has turned its sights to rural Cambodia. What will the changes mean for the lives of rural residents?
Episode Details
Air date, runtime, timezone, and episode position.
Season
12
Episode
25
Air Date
08/Sep/2023
Air Time
01:30
Runtime
28 min
Overview
Episode summary.
In October 2020, the National Bank of Cambodia became the first central bank in Asia to launch a digital currency. With the US dollar representing 90% of the cash circulating in the country, the bank decided to promote use of domestic currency through technology. Three years on, digital payments are a common sight in urban areas – a huge change for the once cash-focused economy. Now, the bank has turned its sights to rural Cambodia. What will the changes mean for the lives of rural residents?
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